DOI: http://dx.doi.org/10.5089/9781484375402.086

ISBN: 9781484375402

Economic activity continued to expand
in the first half of 2018, albeit at a slower-than-expected pace, mainly in
advanced Europe. Domestic demand, supported by stronger employment and wages,
remains the main engin...

Publication Date:
28
September
2018

DOI: http://dx.doi.org/10.5089/9781484374832.001

ISBN: 9781484374832

This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It applies the CBT-IT index to the Czech National Bank (CNB), one of the most transparent inflation-ta...

Author(s):
International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
26
June
2018

DOI: http://dx.doi.org/10.5089/9781484363669.002

ISBN: 9781484363669

This 2018 Article IV Consultation highlights the Czech Republic's strong, broad-based, and job-rich growth. The economy grew at 4.4 percent in 2017, led by strong domestic demand. The unemployment rate fell to a re...

Author(s):
International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
26
June
2018

DOI: http://dx.doi.org/10.5089/9781484363751.002

ISBN: 9781484363751

This Selected Issues paper examines the state of the labor supply in the Czech Republic. The Czech working-age population is projected to decline. This has important implications for the labor supply and long-term...

Series: Regional Economic Outlook

Author(s):
International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
15
May
2018

DOI: http://dx.doi.org/10.5089/9781484339909.086

ISBN: 9781484339909

Europe continues to enjoy a strong growth spurt. Growth has firmed up in many European economies and the forecast is for more of the same. Real GDP increased by 2.8 percent in 2017, up from 1.8 percent in 2016. The...

Publication Date:
20
February
2018

DOI: http://dx.doi.org/10.5089/9781484340424.087

ISBN: 9781484340424

The paper makes an analytical contribution to the revived discussion about the euro area's institutional setup. After significant progress during the euro crisis, the drive to complete Europe's Economic and Monetar...

DOI: http://dx.doi.org/10.5089/9781484319291.001

ISBN: 9781484319291

To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper in...

Author(s):
International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
26
June
2017

DOI: http://dx.doi.org/10.5089/9781484305256.002

ISBN: 9781484305256

This 2017 Article IV Consultation highlights the strong Czech economy. It grew by 2.4 percent in 2016, and unemployment is now the lowest in the European Union. Headline inflation is at the target, and external def...

Author(s):
International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
26
June
2017

DOI: http://dx.doi.org/10.5089/9781484305263.002

ISBN: 9781484305263

This Selected Issues paper analyzes the Czech Republic's monetary policy after removal of the exchange rate floor. The koruna-euro exchange rate floor, which had been in place for more than three years, was elimina...